Manufacturing Technology Orders in 2022 Had Strongest Q1 in Over Two Decades
The first quarter of 2022 had orders totaling $1.47 billion, 26.5% higher than the first quarter of 2021 and the highest Q1 of any year since 1998. The first quarter of 2022 has been extremely impressive for manufacturing technology orders.
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The first quarter of 2022 had orders totaling $1.47 billion, 26.5% higher than the first quarter of 2021 and the highest Q1 of any year since 1998. The first quarter of 2022 has been extremely impressive for manufacturing technology orders.
March 2022 U.S. cutting tool consumption totaled $196.4 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.